Senior Regulatory Reporting Analyst

U.S. Bank • St. Louis, MO

1d • Hybrid

About The Position

The Senior Regulatory Reporting Analyst (Broker Dealer) is responsible for preparation of all regulatory filings for registered broker dealer legal entities. This role ensures compliance with SEC and FINRA reporting requirements, including net capital and customer protection rules. The position maintains strong regulatory controls, and partners closely with the Business line to ensure filings are accurate, timely, and defensible.

Requirements

• Bachelor's degree in accounting or finance, or equivalent work experience
• Five to eight years of experience in financial accounting activities
• CPA or equivalent professional certification
• Direct experience with FOCUS filings, net capital computations, and reserve formula calculations
• Prior interaction with FINRA or SEC examiners
• Experience supporting multiple broker-dealer legal entities or complex BD structures
• Exposure to capital introduction, clearing, prime brokerage, or correspondent models
• 2–4+ years of experience in broker-dealer regulatory reporting, product control, financial control, or public accounting (financial services)
• Strong working knowledge of SEC and FINRA broker-dealer regulations
• Experience supporting or responding to regulatory exams
• Obtain FINRA Series 27 license within 120 days of employment
• Deep understanding of broker-dealer balance sheet mechanics
• Strong command of regulatory interpretation and judgment
• Ability to identify filing and exam risk before submission
• Clear, concise written and verbal communication
• Comfortable challenging unsupported explanations
• Strong escalation and issue-framing instincts
• Exceptionally detail-oriented with high accuracy standards
• Strong documentation and audit-readiness discipline
• Strong documentation and audit-readiness discipline
• Thrives under regulatory deadlines and scrutiny

Responsibilities

• Own end-to-end preparation of FOCUS Reports (Part IIA / IIB) and related schedules.
• Own end-to-end preparation and reporting related to SEC Rule 15c3-1 (Net Capital) and SEC Rule 15c3-3 (Customer Protection / Reserve Formula).
• Analyze complex areas including: Netting and allowable vs. non-allowable assets, Haircuts and concentration charges, Customer reserve computations and deposits, PAB vs. customer segregation distinctions, Affiliate and intercompany balances.
• Assess the impact of new products, business changes, or legal-entity activity on regulatory reporting.
• Maintain and enhance controls supporting broker-dealer regulatory reporting in alignment with SOX/FRR and supervisory procedures.
• Own regulatory reporting narratives, desk procedures, and control documentation.
• Coordinate responses to FINRA, SEC, and internal audit exams, including data requests, findings, and remediation.
• Perform root-cause analysis on reporting issues and lead sustainable remediation.
• Partner across different areas of the business line.
• Act as a starting point of contact for regulatory inquiries and escalations.
• Clearly explain regulatory outcomes, risks, and issues to senior Finance and business leadership.
• Drive automation, standardization, and reduction of manual regulatory reporting processes.
• Lead analysis of regulatory rule changes, interpretive guidance, or FINRA/SEC updates.
• Improve data lineage between source systems and regulatory reports.

Benefits

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

What This Job Offers

• Job Type: Full-time
• Career Level: Senior